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Near term patterns bullish?


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#51 Smithy

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Posted 28 September 2018 - 07:23 AM

Silver and platinum pulling upwards this morning against gold.



#52 senorBS

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Posted 28 September 2018 - 08:18 AM

Silver and platinum pulling upwards this morning against gold.

Funny Smithy as I just came here to post the same, so we now have Palladium gone to the upside, Plat well off the lows and acting well, now silver this morning up 1 3/4% - will gold now bottom a wave 2 or B and get going toward 1220 at least?  Also GSR now falling hard from that 85 extreme level - key action

 

Senor


Edited by senorBS, 28 September 2018 - 08:26 AM.


#53 Smithy

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Posted 28 September 2018 - 09:39 AM

Dharma, do u know if Hadik is saying the low for gold is behind us?

#54 Smithy

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Posted 28 September 2018 - 09:44 AM

I didnt used to get religion but since becoming a trader I pray like hell.

#55 senorBS

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Posted 28 September 2018 - 09:57 AM

I didnt used to get religion but since becoming a trader I pray like hell.

I "carefully and cautiously" suggest that "so far" miners and gold are looking like a wave 2 or B may have bottomed. we see

 

Senor



#56 dharma

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Posted 28 September 2018 - 12:10 PM

 

I didnt used to get religion but since becoming a trader I pray like hell.

I "carefully and cautiously" suggest that "so far" miners and gold are looking like a wave 2 or B may have bottomed. we see

 

Senor

 

sure looking that way, it seems to me by late next week . we have answers.   hadik is long review the posts on the previous pages more importantly senor is long and telling you his thoughts daily!

dharma



#57 SemiBizz

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Posted 28 September 2018 - 01:35 PM

No Volume Thrust...

 

XAU still in "neutral" zone.


Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#58 gannman

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Posted 30 September 2018 - 10:08 PM

gld imo should bottom wave iii of primary wave 2 correction soon and then

 

i expect a rally up to about 117.5 area for a wave iv . we will see its all 

 

conjecture at this point


feeling mellow with the yellow metal


#59 gannman

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Posted 30 September 2018 - 10:36 PM

and i also think that on this upcoming low in gld there is a good chance that 

 

the stocks themselves might actually bottom their primary wave 2 correction

 

so that they would be bottoming before gld itself.  again just conjecture


feeling mellow with the yellow metal


#60 Smithy

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Posted 01 October 2018 - 07:43 AM

We have lift off.

It is a good time to buy for the long term.


Edited by Smithy, 01 October 2018 - 07:44 AM.